COVID-19’s public health crisis could also be a financial disaster for hospitals
April 8, 2020
By: Shannon Muchmore
“Smaller community hospitals are going to have a harder time than the larger hospitals just because of economies of scale,” Damaris Medina, co-chair of the life sciences practice at law firm Buchalter, told Healthcare Dive.
They also have more service lines that, at least before the outbreak, bring in revenue.
Geographic diversity could also be helpful as more hot spots emerge. A system focused in one market would have no where else to turn if that area becomes hard hit, she said.”
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